What is going on RED#RED $RED #redcoinnextmove | Anonymoustrader3 on Binance Square

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What is going on RED#RED $RED #redcoinnextmove 

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$BTC /USDT daily chart, here’s a breakdown of the situation and possible upcoming moves: $BTC 🔎 Technical Observations: 1. Current Price: $112,164 (down ~1.8%). 2. Support Zone: Marked in purple (~$110,000 – $111,000). This zone has acted as a strong demand area in July, meaning buyers previously stepped in here. 3. Resistance Zone: Around $114,800 – $115,500, which has rejected BTC multiple times recently. 4. Trend: BTC is in a short-term downtrend after peaking near $122,000, with lower highs and lower lows forming. 5. Volume: Noticeable drop in volume compared to the July rally, indicating weaker bullish pressure. --- 📈 Possible Scenarios: 1. Bullish Case (Bounce from Support): If BTC holds the $110K–111K support, we may see a bounce back toward $115K–117.5K. Breaking $117.5K could open the way to $120K+ again. 2. Bearish Case (Breakdown Below $110K): If the purple support zone fails, BTC could drop toward $107.5K and even $105K. That would confirm stronger bearish momentum. --- ⚖️ Trading Outlook: Short-term traders: Watch the $110K–111K zone closely. A bounce here could be a good long entry with tight stop-loss below $110K. Swing traders: Safer entry would be after BTC reclaims $115K with strong volume confirmation. Risk: A clean break below $110K could accelerate downside. --- 👉 In short: Key support: $110K–111K Key resistance: $115K–117.5K Decision point: $BTC BTC is testing critical support. If buyers defend it, we may see a rebound; if not, expect further downside.

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I’ve carefully analyzed the chart $MYX /USDT --- 🔮 Short-Term Outlook (This Week) Current Zone: $1.07 (sitting on key support). If price holds above $1.05–$1.07, a bounce to $1.20–$1.25 is possible within a few days. If it fails to hold $1.05, price will likely retest $0.83 quickly (stronger support). 👉 In short: Expect range-bound trading $0.83 – $1.25 this week, unless big volume drives it out. --- 📊 Long-Term Outlook (1–3 Months) Bullish Case: If MYX can stabilize above $1.25, momentum could push it back toward $2.0–$3.0. A break above $2.0 opens the path to retest $4.0 ATH (previous peak). Bearish Case: If $0.83 breaks, price may fall to $0.49, where long-term buyers could re-enter. Staying below $1.0 too long will weaken investor confidence. 👉 In long term, MYX will need to hold the $0.83 floor and reclaim $2.0 for another strong rally. --- ⚠️ Key Note: MYX is a new coin with high volatility. Futures can amplify both gains and losses, so tight stop-loss is crucial.

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Perfect 👍 Let’s build a trading plan (entry, targets, stop-loss) for ENA/USDT based on the chart. $ENA --- 🎯 ENA/USDT Trading Strategy 🔹 1. Swing/Spot Trading (Weekly–Monthly View) Entry Zone (Accumulation Buy): $0.60 – $0.65 (current support) If it dips → $0.50 – $0.52 (strong buy zone) Targets: 1. $0.80 (short-term bounce target) 2. $1.00 – $1.10 (major resistance zone) 3. $1.30 – $1.50 (breakout target if $1.10 breaks) Stop-Loss (Risk Control): Below $0.48 (if candle closes below, trend turns bearish). --- 🔹 2. Short-Term Trading (1D–4H View) Buy Zone: $0.60 – $0.62 with confirmation of support. Target: $0.72 – $0.75 (quick trade profit zone). Stop-Loss: $0.58 --- 🔹 3. Risk Management Never risk more than 2–3% of your capital per trade. If you enter at $0.62 and set stop-loss at $0.48, your risk is $0.14. → So target must be at least $0.80 ($0.18 gain = 1.3 risk-reward ratio). --- 📊 Probability Outlook If Bitcoin remains stable → high chance ENA will bounce from $0.60 → test $0.80. If Bitcoin dumps → ENA can break $0.60 and retest $0.50. --- 👉 My suggestion: Entry 1 (Safe): $0.62 – $0.65 with SL $0.58, TP $0.75 / $0.80 Entry 2 (Strong Buy if dropped): $0.50 – $0.52 with SL $0.48, TP $0.80 / $1.10

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$GALA $GALA GALA/USDT 🔎 Technical Analysis Current Price: $0.01686 Resistance: Around $0.0171 – $0.0175 (EMA 300 zone + recent rejection area). Support: Around $0.0166 – $0.0165 (recent consolidation + previous bounce). EMA Status: Price is trading just under EMA 300, which is acting as resistance. EMA 22 has started to curve upward, showing short-term bullish momentum. Volume: Low but slightly rising during this recovery phase. 📊 Short-Term Prediction (next 12–24 hours) Bullish Scenario: If price breaks and closes above $0.0171 with good volume, next targets are $0.0175 → $0.0180. Bearish Scenario: If rejected at EMA 300, price could retest support around $0.0166 → $0.0163. ⚖️ Sentiment Currently, neutral-to-bullish. Market is consolidating, and a breakout over EMA 300 will decide the next strong move. 👉 In summary: Watch $0.0171 closely – breakout = bullish continuation. Failure = possible pullback to $0.0165.

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Looking at the ENA/USDT 1-hour chart. $ENA 1. Key Levels Resistance: Around 0.8584 – This is the recent high where price was rejected. Support: Around 0.6918–0.6950 – Price bounced from here before. 2. Current Situation Price is $0.7260, slightly above support but still in a downtrend from the recent highs. We’re in the middle of the range, so momentum is neutral — not a clear buy or sell zone. 3. Short-Term Scenarios Bullish case: If ENA breaks and sustains above 0.75, we could see another push toward 0.80–0.86. Bearish case: If ENA loses 0.69 support, next downside target could be around 0.65–0.63. 4. Indicators to Watch Volume: Currently low compared to the big up-move on the 9th–11th, meaning bulls are cautious. Trend: Price is below the last swing highs, so bears still have slight control unless 0.75 breaks. From a trader’s perspective, ENA looks like it’s consolidating between support and resistance, and the next breakout direction will set the trend. $ENA

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